SAHIF aims to fill the shortfall on both serviced sites released to South Africans as well as provision of land for development of homes
SAHIF benefits to the South African economy
Number of jobs created (past and planned)
* Calculation based on the following formula (construction jobs only):
Number of Units expected to be created (108,160) or previously developed on land sold (73,800) x Average Cost to build an RDP home (R170,000) = Total cost of development
Payroll cost average percentage applied to total development cost divided by average construction salary
(Stats SA, Quarterly employment statistics Dec 2018)
Socio-economic, supplier and enterprise development
* Allocations against NPAT taken from Amended Property Sector Code issued by the Department of Public Works on 9 June 2017 (No.560)
